Claims against banks: another factual triumph
24 March 2011
The banking industry's run of success in defeating misselling claims brought by customers in the English courts continued in Bank Leumi (UK) plc v Wachner [2011] EWHC 656 (Comm). Again, the customer failed to make out the factual basis of her claim and, as a result, was unable to recover from the bank losses made in foreign exchange dealing.